Uralkaliy (LSE, MICEX-RTS: URKA) signed long term contracts with NPK producers (Akron Group, UralChem Group, Evrokhim Group, FosAgro Group, Minudobrenia, Gazprom neftekhim Salavat and ARVI NPK) on the delivery of potassium chloride in the total volume of 10mln ton during 3-5 years, the company informed.
These agreements were signed in line with the FAS recommendations on the non-discriminated access to the market. In IQ 2013 the NPK price will be set at 10252 rub./ton (95% KCL, FCA).
Uralkaliy Joint Company (TIN 5911029807) was formed through the merger of Uralkaliy- and Silvinit-held assets completed in June 2011. Within the merger Uralkaliy acquired 1565151 common stocks (20%) of Silvinit. The stocks released by Uralkaliy were swapped for the stocks of Silvinit.
The 2011-sales increased to 10.65mln ton from 10.01mln ton; exports coming to 8.78mln ton vs. 8.31mln ton prior year.
The 2011 net profit at Uralkaliy (IAS) moved up 64.3% to $1.527bn prior year; revenues increased $4.203bn from $2.985; EBITDA - $2.459bn from $1.403bn.
The 2011 net profit (RAS) increased 2.9 fold to 42.572bn rub. from 14.469bn rub. prior year; revenues being upward 2.2 fold to 95.825bn rub. from 43.177bn rub.; pretax profit - to 58.748bn rub. from 19.130bn rub.
The IH 2012 net profit rallied up (RAS) 70.2% to 26.618bn rub. from 15.636bn rub.; revenues - 85.9% to 58.831bn rub. from 31.645bn rub.; profit from sales - 35.541bn rub. from 17.118bn rub.
"AK&M", 10:17, 10.01.2013 1251 AKM,COR
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